1991 (4) TMI 103 - HC - Income Tax

Summary

The High Court of Punjab and Haryana ruled in favor of the assessee, allowing deduction under section 80C of the Income-tax Act for life insurance premiums paid. The decision was based on a previous court ruling and the reference was disposed of with no order as to costs. (Case citation: 1991 (4) TMI 103 - PUNJAB AND HARYANA High Court)